Bitcoin Faces Potential Volatility: Key Economic Events This Week
Bitcoin has once again fallen below $27k, currently down by 1.7% in the last 24 hours. The latest dip could be attributed to key financial events due later this week. Multiple US economic reports this week could trigger volatility in Bitcoin's price.
According to a recent post on the X platform, esteemed cryptocurrency expert Michael van de Poppe predicted a potentially volatile week for Bitcoin and Ethereum. Eyes will be on key US economic events, including Musk interviewing Trump on Monday. The financial landscape is poised for shifts that could significantly impact crypto assets. Central bank speeches, economic reports, and corporate earnings will take center stage, shaping market sentiment and potentially driving significant volatility.
CPI and PPI figures could impact Bitcoin, with inflation data closely watched. Fed rate policy and Powell's commentary could trigger crypto movements. Higher confidence may boost Bitcoin investment, while weaker data supports a dovish Fed outlook. The expected drop in the Leading Economic Index suggests a softening economy on 25 de sept. de 2025.